Updated as on 15th January, 2007

Guidelines for Remisier Registration

Requirements

1. Covering letter on letter head of Member regarding appointment of Remisier and

addressed to Membership Department along with Remisier application Form with
undertakings (Remisier Application Form available at : Ground Floor, Publication
Counter. Or from web site : www.bseindia.com/about/downloads.asp)

2. Form-A & Undertaking A should be signed by the Member of BSE or any of Partners.
In case of a Corporate Member Form A & Undertaking A should be signed by the
designated director or director or authorized signatory and a copy of the board
resolution for authorizing them to sign the above forms and undertaking should be
enclosed with every application.

3. In case of Individual, the applicant is required to fill up From A, Form B. If his

education is below H.S.C., he is required to submit experience certificate related to
capital market.

4. In case of Partnership Firm, the applicant is required to fill up Form A, Form C and
annexure for each partner and enclosed Certified True copy of Partnership Deed.

5. Discharge certificate is for cancellation of Remisier registration. Please note that

when a Discharge Certificate of another Broker is enclosed with the application,
please ensure that the earlier Remisier Registration of that applicant must be
cancelled by BSEwith that of earlier member.

6. Certified True Copy (ANY ONE ) : Passport, Driving License, Ration Card, Voters
Identity Card, Copy of Income tax return of applicant or for each Partner of applicant
who want to become remisiers. Certification can be done by Chartered Accountant or
Member of the Exchange or Partner/ Designated Director of Member Company or
Special Executive Magistrate.

7. Specify the nature of business in present occupation in Form B and also fill up all the
particulars as applicable. Both Undertaking A and Undertaking B are required to
submitted.

Important Note

 Applicant can be a remisier to only one Member at a time.

 Sub-Brokers registered with SEBI and Members of other exchanges, cannot

become Remisiers.

 Only an Individual or Partnership Firm can become a Remisier.

 Applicants who work as Employees of any Individual, Firm or Organization

cannot become a Remisier. However, employees of a Member can become
Remisier for that Member only.

 It is not compulsory for BSE Members to appoint Remisiers but Members

should ensure that they should deal only with a registered entity .
 Minimum age for Remisier is 21 years.

 Member/applicant are required to read the form carefully and also go through
Rules, Regulations and Byelaws of the Bombay Stock Exchange Ltd. related to
Remisier before appointing /applying for Remisier Registration.
 FORM A
Form for Approval of Appointment of Remisier
(To be filled in by the Member)

Name of the Member :

Address :

Clearing No :

Date :

The Secretary,
Bombay Stock Exchange Ltd.,
Mumbai.

Sir,

I/We ……………………………………………………………………………… hereby appoint

Mr./Ms./M/s................................................................................……...as my/our Remisier.

I/We declare that all particulars and information given in the enclosed form duly filled in
by my/our abovementioned remisier are true and correct.

Yours faithfully,

Signature & Rubber Stamp of Member

______________________________
 FORM B
Form for Approval of Appointment of Remisier
(To be filled in by the Remisier who is an Individual)

1. Name :

2. Trade Name :
Please attach
3. Address, Telephone/Fax Numbers : latest photograph
& SIGN on the
(a) Residence : photograph

(b) Mobile :

(c) Office :

4. Date of Birth :

5. Sex : Male / Female

6. Educational Qualification :

7. Present Occupation :

8. Residential Status : Resident Indian / Non-Resident Indian / Others*

(Strikeout whichever is not applicable)

9. Particulars of the Bank A/c :

(Any one)

 Name of the Bank :

 Branch Address & Tel. No. :

 Bank Account Number :

 Date of opening of a/c:

10. Income Tax No. (PAN/GIR) :

11. A attested copy of any one of the following proofs of identity should be submitted:

 Passport  Voters Identity Card

 Driving Licence  Copy of Income Tax return
 Ration Card
12. State any other relevant
information, which in your
opinion, should be disclosed to
the Exchange :

I hereby further declare that …

13. * I am/was a Remisier of ................................................…........................….

and I am sending herewith copy of their clearance / discharge certificate.

14. I shall not issue contracts, bills or any confirmation memo for shares and
securities in my own name.

15. I have read the present Rules, Byelaws and Regulations of the Exchange &
undertake to abide by them & any modifications/amendments thereof.

16. I undertake that if any claim or dispute arises between us in respect of any
transactions, contracts, etc. entered into, with or through him/on account of my
clients or in relation to any stock exchange matter during my continuance as a
Remisier of ............................................................……………………………..……
I shall be bound to refer the same to Arbitration as per the Rules, Bye-Laws,
Regulations and conventions of BSE which are applicable to Remisiers and that
any decision in such Arbitration shall be final and binding on me.

17. During my continuance as a Remisier of ............................................

…….. ......................... ....................................... I shall not work as an employee /
sub-broker /remisier of any member, individual, firm or organization.

The information furnished above is true to the best of my knowledge and belief, and I
undertake to inform you of any change therein immediately in writing.

* Please strike off if not applicable. Signature of Remisier Applicant

 FORM C
Form for Approval of Appointment of Remisier
(To be filled in by the Partnership Firm desirous of becoming a Remisier)

1. Name of the Firm :

2. Address, Telephone/Fax Numbers :

3. Copy of Partnership Deed & Registration Certificate : Enclosed – YES / NO

4. Details of all the Partners of the Firm (as per Annexure) :

5. Particulars of the Bank A/c from which the Firm will carry out the transactions :

 Name of the Bank :

 Branch (Address & Tel No) :

 Bank Account Number :

6. Income Tax Number of the Firm (PAN/GIR):

7. Whether registered with any other broker-member :

 Name of Broker :

 Name of Exchange :

8. State any other relevant

information, which in your opinion,
should be disclosed to the Exchange :

We, hereby further declare that …..

9.* We are / were a Remisier of ...........................................….…...................................

and we send herewith copy of their clearance / discharge certificate.

10. We shall not issue contracts, Bills or any confirmation memo for shares and
securities in our own name.
11. We have read the present Rules, Byelaws and Regulations of the Exchange and
undertake to abide by them and any modifications / amendments thereof.

12. We undertake that if any claim or dispute arises between us in respect of any
transactions, contracts, etc. entered into, with or through them on account of our
clients or in relation to any stock exchange matter during our continuance as a
Remisier of .................................................………..... ............................................
We shall be bound to refer it to Arbitration as per the Rules, Byelaws and
Regulations and conventions of BSE, which are applicable to Remisiers that any
decision in such Arbitration shall be final and binding on us.

13. During our continuance as a Remisier of …….............................................. ..........

…………………………. we shall not work as a Remisier / Subbroker of any other
member.

The information furnished above is true to the best of our knowledge and belief, and we
undertake to inform you of any change therein immediately in writing.

Place : Authorised Signatory :

Date : Name :

* Please strike off if not applicable.

 Annexure

(Enclosure to the application form C of (Name of the Firm) )

1. Name of the Partner :

Please attach
2. Residential Address & Telephone Numbers : latest
photograph &
SIGN on the
photograph
3. Educational Qualification :

4. Date of Birth :

5. Present Occupation :

6. Income Tax No. (PAN/GIR) :

7. Bank Account Details : (Any one)

 Name of the Bank :

 Branch (Address & Tel. No.) :
 Bank Account Number :
 Date of opening of account :

8. A certified copy of any one of the following proofs of identity should be submitted :

 Passport  Voters Identity Card

 Driving Licence  Copy of Income Tax return
 Ration Card

9. State any other relevant information, which in your opinion, should be disclosed to the
Exchange :

I, hereby further declare that

10. I have read the present Rules, Byelaws and Regulations of the Exchange and
undertake to abide by them and any modifications / amendments thereof.

11. During my continuance as a Remisier of

…….................................................... ....................................................................., I
shall not work as an employee / sub-broker /remisier of any member, individual,
firm or organization.

The information furnished above is true to the best of our knowledge and belief, and I
undertake to inform you of any change therein immediately in writing.

Signature of Partner
 DISCHARGE CERTIFICATE
(On the letterhead of the member for cancellation of Remisiership)

Name of the Member :

Address :

Clearing No :

Date :

The Secretary,
Bombay Stock Exchange Ltd.,
Mumbai.

Sir,

As per the rules of the Exchange, I/We hereby advise that Mr./Ms./M/s .
……………………………………….has voluntarily ceased to be my/our Remisier.

To the best of my/our knowledge his/her/their conduct(s) is/are good.

I/We have no claim against him/her/their firm and I/We have no objection to any other
BSE Member employing him/her/them as a Remisier.

Yours faithfully,

Signature & Rubber Stamp of Member ______________________

 Undertaking : A

DECLARATION-CUM-UNDERTAKING OF MEMBER TO BSE

(On the Letter Head Of the Member)

To,
The Secretary,
Bombay Stock Exchange Ltd.,
Mumbai.

Sub : Remisier Application

As per the Rules, Regulations & Bye-laws of BSE, I/We hereby engage
Mr./Ms./M/s..................................................………………. as our Remisier. I/We
hereby declare that all particulars and information furnished by Mr./Ms./M/s.
…..................………........................... in the enclosed Remisier Application Form is
verified by me/us and found to be true & correct. I/we hereby undertake to inform you of
any change in the details mentioned by Mr./Ms./M/s............…......... ..............................
……………………………… immediately in writing.

Further, I/We hereby declare that Mr./Ms./M/s……..............................................… have

read and understood the present Rules, Byelaws and Regulations of BSEpertaining to
Remisier and he/she/they shall undertake to abide by them and any modifications /
amendments thereof.

Further, I/we hereby declare that Mr./Ms./M/s..............................................…. have not

ever been suspended, expelled or declared a defaulter by BSE or by any other stock
exchange or by SEBI or any other Regulatory Authorities &
Mr./Ms./M/s.........................................................……have not been convicted of and
presently not on trial for any offence involving fraud or dishonesty.

I have read the present Rules, Byelaws and Regulations of BSE and I undertake to
abide by them and any modification/amendment thereof.

Rubber Stamp of Member

Signature________________
Name: _________________

Designation : _______________
(Member/Partner/Designated Director)

Date ____/_____/______
(DD / MM /Year)
 Undertaking : B

DECLARATION-CUM-UNDERTAKING GIVEN BY REMISIER TO MEMBER

(Name & Address of Applicant)

To
Name of the Member :
Address :

Clearing No :

Sub : Remisier Application.

As per the Rules, Regulations & Bye-laws of BSE, I/We Mr./Ms./M/s.

……………………................................................would like to engage myself / ourselves
as Remisier/(s) of Mr./Ms./M/s....……....................................... I/We hereby declare that
all particulars and information furnished by me/us to Mr./Ms./M/s...………...
……........................................... in the enclosed Remisier Application Form is true &
correct. I/we hereby undertake to inform you and Bombay Stock Exchange Ltd. about
any change in the details mentioned in the said application form immediately in writing.

Further, I /We hereby declare that myself or ourselves or any partner or any director of
the organization have not ever been suspended, expelled or declared a defaulter by
BSE or by any other stock exchange or by SEBI or any other Regulatory Authorities and
I/we have not been convicted of and presently not on trial for any offence involving fraud
or dishonesty.

Further, I /We hereby declare that I /We have read and understood the present Rules,
Bye-laws and Regulations of BSE pertaining to Remisiers and undertake to abide by
them and any modifications / amendments thereof.

Signature of Applicant : _________________________

(In case of Partnership Firm : All the Partners should sign the undertaking)
Name : __________________
Designation : _______________
(Individual /Partner/ Director)

Date ____/_____/______
(DD / MM /Year)
 UNDERTAKING
(ON LETTER HEAD OF MEMBER)

In case applicant has not applied for Sub-Brokership (*)

I/We hereby certify that ______________(Name of Remisier)_________ is presently

not a registered sub-broker with any Recognized Stock Exchange. Further, If
he/she/they intend to apply for sub broker registration through BSE Ltd., we hereby
undertake that he/she/they will cancel the remisier registration with BSE prior to
acceptance of Sub-Broker Registration Certificate from SEBI / BSE Ltd.

In case applicant has applied for Sub-Brokership(*)

I/We hereby confirm that ______________(Name of Remisier)_________ has applied

for Sub-Broker registration with SEBI on _(Date of Application)__ through BSE Ltd.
Further we hereby undertake that he/she/they will cancel the remisier registration with
BSE prior to acceptance of Sub-Broker Registration Certificate from SEBI / BSE Ltd.

In case of non-compliance by us, BSE may take disciplinary action as per the Rules,
Byelaws and Regulation of BSE.

Signature of
Proprietor / Partner / Director
(with rubber stamp)

Date :

(*) Strike out whichever is not applicable